Financial Services stories - Page 43

A report reveals that 59% of cyber breaches in the top 150 insurance firms stem from third-party attacks, exposing serious supply chain vulnerabilities.

The Depository Trust & Clearing Corporation has unveiled ComposerX, a groundbreaking suite aimed at streamlining digital asset management for financial firms.

Puma Growth Partners has led a $4.3 million funding round for Semeris, enhancing its AI tools for financial institutions navigating complex legal documents.

UBS has launched its first Global Entrepreneur Report, revealing that 62% of entrepreneurs see AI as their greatest business opportunity amidst economic uncertainties.

Encompass has unveiled its EC360 platform to revolutionise corporate client verification in banking, addressing outdated processes amid rising competition.

The BSV Association has appointed Ásgeir Óskarsson as its new Managing Director, bringing over ten years of expertise in finance, insurance, and blockchain.

In the financial services sector, back-office operations are often neglected, yet innovations in AI could unlock their vital potential for driving growth.

As corporate banking undergoes a digital transformation, real-time KYC processes powered by Corporate Digital Identity are set to significantly enhance operational efficiency.

The Kentico Site of the Year 2024 Awards have celebrated 30 exceptional digital projects, demonstrating the platform's growing impact across various industries.

EPAM Systems is expanding its partnership with Google Cloud to deliver AI-powered solutions across media, energy, and retail sectors, driving digital transformation.

HighPoint Technologies and Xinnor have unveiled impressive performance results from their collaboration on RAID storage solutions, offering speeds of up to 52.7 GB/s.

WonderFi Technologies has launched trading for the TRUMP coin via Coinsquare and Bitbuy ahead of Donald Trump's inaugural ceremony on January 17, 2025.

AnalytixInsight has raised CAD $120,000 through a non-brokered private placement of 12 million common shares at CAD $0.01 each, pending TSX acceptance.

Everyday People Financial plans to issue 2,439,024 common shares to EAM Enterprises, settling USD $2 million of debt in a strategy to enhance liquidity.

Salesforce unveils Industries AI to streamline business processes in healthcare, automotive, and finance sectors, offering customisable, secure AI solutions.

A study by ActiveOps reveals 92% of Aussie financial leaders struggle with outdated data, hampering AI adoption, with 33% relying on data over two months old.

An international study reveals that 94% of New Zealand's financial leaders struggle to extract insights from outdated data, hindering AI adoption.

Trustifi has introduced geofencing capabilities to expand its MSSP offerings in Australia, complying with nationwide regulations; the AI-powered email security solutions take a robust stand against emerging cyber threats.

MongoDB broadens the global reach of Atlas amid soaring multi-cloud demands, aiding businesses like Australian fintech Monoova ensure regulatory compliance and scalability.

A24 appoints renowned security expert Shane Tully as Global CISO to enhance security services and commitment to information security.